Escalating Demand for Advanced Material-Handling Equipment to Provide Growth Opportunities for America Pneumatic Conveying Systems Market during 2021–2028

According to our latest market study on “America Pneumatic Conveying Systems Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Operation, Technology, and End User,” the America pneumatic conveying systems market was valued at US$ 1,993.06 million in 2021 and is projected to reach US$ 2,908.96 million by 2028. It is expected to grow at a CAGR of 5.6% from 2021 to 2028.

Material-handling equipment refers to a wide range of products used to store and convey raw materials and other goods. Storage-and-retrieval systems and lift trucks, for example, help to streamline the supply chain and distribution processes and improve operational efficiencies and throughputs of manufacturing operations. The equipment also optimizes resource utilization. Manufacturing companies are highly inclined toward automation, driving the demand for industrial robots and technological upgrades. Robotic systems help lower labor costs and achieve a high return on investments; moreover, their deployment in harmful or extreme environments helps plant operators protect their employees from such conditions. Further, automation helps increase production speed and accuracy, maintain consistent quality, and ensure efficient resource utilization—sufficient resources can be allocated to the other areas of the manufacturing process where their demand is high.

Suppliers and manufacturers can boost their throughput by combining automated material-handling equipment, such as automated guided vehicles, automated conveyors, and robotic systems. These equipment systems also enable the computerized control of assembled parts procurement, just-in-time raw material delivery, and material tracking inside a facility. Furthermore, improvements in wireless technology are driving developments in the automated material handling industry, particularly in automated guided vehicles. For example, Seegrid's vision-guided AGV creates a 3D map of the manufacturing plant using navigation sensors, allowing the vehicle to follow a pre-programmed route without the need for human involvement. Thus, the increasing demand for material handling equipment will contribute to the pneumatic conveying systems market growth in the coming years.

The America pneumatic conveying systems market is analyzed based on operation, technology, end user, and geography. Based on the operation, the pneumatic conveying systems market can be bifurcated into dilute phase conveying and dense phase conveying. The dilute phase conveying segment led the market with more than 60% share in 2020 and is expected to account for largest share of the total market over the forecast period.

Based on the technology, the pneumatic conveying systems market is classified into positive pressure systems, vacuum systems, and combination systems. The positive pressure systems segment dominated the market with a market share of more than 50% in 2020. In terms of the end user, the pneumatic conveying systems market is categorized into pharmaceuticals, food and beverages, chemicals, mineral and ceramics, power generation, plastics and polymer, and others. The food and beverages segment led the pneumatic conveying systems market with more than 21% share in 2020.

Geographically, the America pneumatic conveying systems market is segmented into two key regions —North America and South America (SAM). The North America pneumatic conveying systems market held the largest revenue share in 2020. The pneumatic conveying systems market in North America is projected to rise at the fastest rate from 2021 to 2028.

Impact of COVID-19 Pandemic on America Pneumatic Conveying Systems Market

The economic crisis due to the Covid 19 crisis has reduced demand for pneumatic conveying systems in domestic and international markets. Although the combined impact has been observed during the Covid-19 crisis, for instance, the pharmaceutical industry is booming thanks to the government's stringent regulation and rising awareness towards health, which has an increasing demand for hygienic methods in the food transfer and production industry. In addition, in March 2020 oil price crash exacerbated the oversupply scenario that several North and South American chemical manufacturers were experiencing.

Furthermore, the drop in oil prices reduced the feedstock cost advantage that North America and South America petrochemical companies enjoyed due to their reliance on local ethane, thus making their goods less competitive in an already challenging market. Therefore, this has slowed down the growth of this market. The downturn in end-use industries negatively impacted the demand for pneumatic conveying systems, which declined the market’s growth in the first half of 2020. However, with continued production operation from the second half of 2020 market started to regain momentum.

Coperion Gmbh, Cyclonaire, Dynamic Air Inc., Flexicon Corporation, Flsmidth, Gericke Ag, Nilfisk Group Nol-Tec Systems Inc., Schenck Process Holding Gmbh, VAC-U-MAX, are among the key players operating in the regional America pneumatic conveying systems market.

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